There’s a wonderful feeling once you complete your
invention, step back and realize you’ve created something new and exciting –
something that’s never existed before. It’s a realization that provides a
unique satisfaction. Wouldn’t it be ideal if inventing consisted solely of the
satisfaction of making your great technology and seeing other people use it?

Unfortunately, a lot happens between your completed creation
of goods and someone else’s purchase or license of that invention. You will
need help evaluating the commercial potential, setting up your business and
then creating a means of profiting from that invention. While inventing can be
inspiring, running a business can be exhausting, and sometimes dispiriting.

This section is an attempt to help with you all that “other
stuff” and to offer tips for steering your business on a “no problems” course. This
section provides most of the basic information you will need for maintaining an
invention business – specifically starting and running your inventing business,
choosing your form of business, record keeping, and hiring employees and contractors.

Business Formation

Some of the most challenging decisions occur when your inventing business is starting out. These articles will help you navigate business formation.

Nolo's Start & Run a Business Bundle
Use this pair of Nolo's bestselling business books to answer your routine legal questions and guide you in filling out the forms, documents and contracts needed to run your day-to-day operations.